NIGERIA: Parallel Market Exchange Rate (04/07/2016)
Note: “Buy” refers to the rate you pay if you want to buy forex. “Sell” is the rate that you sell to parallel market operators.
Our rates are obtained from black market operators on the mainland and the island of Lagos. We prefer to publish the higher of the two.
Buy – N350
Sell – N346
Buy – N470
Sell – N460
Buy – N387
Sell – N381
« This Probably Explains Why Nigerian Stocks Are Falling Previous Post
Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.